Can I retire at age 50 with 5,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $5,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$462,443$458,324$454,305$450,382$446,552$441,705
2 years$228,932$224,668$220,536$216,530$212,644$207,763
3 years$151,105$146,823$142,702$138,733$134,910$130,148
4 years$112,200$107,931$103,850$99,949$96,219$91,611
5 years$88,862$84,619$80,592$76,771$73,144$68,705
6 years$73,309$69,098$65,130$61,394$57,876$53,611
7 years$62,204$58,028$54,124$50,475$47,069$42,979
8 years$53,879$49,741$45,901$42,343$39,048$35,134
9 years$47,408$43,308$39,535$36,066$32,884$29,143
10 years$42,233$38,174$34,467$31,090$28,019$24,450
11 years$38,003$33,984$30,344$27,057$24,097$20,696
12 years$34,480$30,502$26,930$23,733$20,882$17,646
13 years$31,501$27,565$24,060$20,953$18,210$15,135
14 years$28,950$25,056$21,618$18,599$15,963$13,044
15 years$26,741$22,889$19,518$16,587$14,055$11,288
16 years$24,810$21,000$17,696$14,852$12,422$9,803
17 years$23,108$19,341$16,103$13,345$11,014$8,537
18 years$21,597$17,872$14,700$12,026$9,793$7,454
19 years$20,247$16,563$13,457$10,867$8,729$6,522
20 years$19,033$15,391$12,350$9,842$7,797$5,717
21 years$17,936$14,336$11,360$8,932$6,977$5,020
22 years$16,940$13,383$10,470$8,121$6,254$4,414
23 years$16,032$12,516$9,667$7,396$5,614$3,885
24 years$15,201$11,727$8,940$6,746$5,046$3,424
25 years$14,438$11,005$8,280$6,161$4,541$3,020
26 years$13,734$10,343$7,680$5,633$4,090$2,666
27 years$13,084$9,734$7,131$5,156$3,687$2,355
28 years$12,481$9,172$6,629$4,724$3,327$2,081
29 years$11,921$8,653$6,169$4,332$3,004$1,841
30 years$11,399$8,172$5,746$3,976$2,715$1,629
31 years$10,912$7,725$5,357$3,651$2,454$1,442
32 years$10,456$7,310$4,998$3,356$2,220$1,277
33 years$10,029$6,922$4,667$3,086$2,009$1,131
34 years$9,627$6,561$4,361$2,839$1,819$1,002
35 years$9,250$6,223$4,077$2,614$1,648$888
36 years$8,894$5,906$3,814$2,407$1,493$787
37 years$8,558$5,610$3,570$2,218$1,353$698
38 years$8,241$5,331$3,343$2,044$1,227$619
39 years$7,941$5,069$3,132$1,885$1,112$549
40 years$7,656$4,823$2,936$1,739$1,009$487
41 years$7,386$4,591$2,753$1,604$915$432
42 years$7,130$4,372$2,582$1,480$831$384
43 years$6,886$4,166$2,423$1,367$754$340
44 years$6,654$3,971$2,274$1,262$684$302
45 years$6,432$3,787$2,135$1,165$621$268
46 years$6,221$3,613$2,006$1,076$564$238
47 years$6,020$3,447$1,884$994$512$211
48 years$5,828$3,291$1,771$919$465$188
49 years$5,644$3,143$1,664$849$422$167
50 years$5,468$3,002$1,565$785$384$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $5,600,000, adding $5,356 every year, while hoping to spend $50,519 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 49/25/26 Blend
49$5,600,000$5,600,000$5,600,000$5,600,000
50$6,176,725$5,879,925$5,793,125$6,433,597
51$6,752,999$6,114,289$5,933,443$6,848,145
52$7,386,360$6,358,444$6,076,768$7,292,810
53$8,082,577$6,612,817$6,223,148$7,774,920
54$8,848,007$6,877,852$6,372,630$8,298,038
55$9,689,652$7,154,015$6,525,262$8,866,079
56$10,615,228$7,441,794$6,681,090$9,483,350
57$11,633,236$7,741,696$6,840,162$10,154,588
58$12,753,042$8,054,254$7,002,522$10,885,001
59$13,984,963$8,380,024$7,168,218$11,680,321
60$15,340,371$8,719,587$7,337,295$12,546,851
61$16,831,792$9,073,550$7,509,797$13,491,527
62$18,473,029$9,442,548$7,685,770$14,521,981
63$20,279,290$9,827,245$7,865,256$15,646,612
64$22,267,334$10,228,337$8,048,298$16,874,661
65$24,455,624$10,646,547$8,234,938$18,216,302
66$26,864,506$11,082,636$8,425,217$19,682,729
67$29,516,398$11,537,398$8,619,174$21,286,268
68$32,436,002$12,011,661$8,816,847$23,040,486
69$35,650,536$12,506,295$9,018,274$24,960,317
70$39,189,995$13,022,207$9,223,489$27,062,205
71$43,087,425$13,560,346$9,432,527$29,364,253
72$47,379,245$14,121,706$9,645,420$31,886,397
73$52,105,583$14,707,325$9,862,197$34,650,584
74$57,310,658$15,318,289$10,082,885$37,680,984
75$63,043,195$15,955,735$10,307,512$41,004,215
76$69,356,887$16,620,852$10,536,099$44,649,585
77$76,310,899$17,314,883$10,768,668$48,649,376
78$83,970,427$18,039,129$11,005,235$53,039,139
79$92,407,316$18,794,951$11,245,816$57,858,029
80$101,700,732$19,583,774$11,490,421$63,149,170
81$111,937,915$20,407,087$11,739,058$68,960,065
82$123,214,997$21,266,449$11,991,731$75,343,032
83$135,637,913$22,163,491$12,248,441$82,355,702
84$149,323,399$23,099,921$12,509,182$90,061,557
85$164,400,093$24,077,524$12,773,946$98,530,525
86$181,009,748$25,098,169$13,042,720$107,839,638
87$199,308,576$26,163,812$13,315,484$118,073,754
88$219,468,712$27,276,501$13,592,215$129,326,355
89$241,679,849$28,438,377$13,872,882$141,700,422
90$266,151,019$29,651,683$14,157,449$155,309,411
91$293,112,573$30,918,766$14,445,873$170,278,308
92$322,818,351$32,242,081$14,738,106$186,744,815
93$355,548,080$33,624,200$15,034,089$204,860,637
94$391,610,012$35,067,814$15,333,759$224,792,913
95$431,343,837$36,575,740$15,637,043$246,725,788
96$475,123,883$38,150,927$15,943,860$270,862,145
97$523,362,659$39,796,462$16,254,119$297,425,515
98$576,514,738$41,515,576$16,567,719$326,662,181
99$635,081,055$43,311,653$16,884,552$358,843,494
100$699,613,634$45,188,235$17,204,495$394,268,434